The National Electrical Manufacturers Association (NEMA) has released a new standard for Electric Vehicle Supply Equipment (EVSE) Power Export, aiming to facilitate Vehicle-to-Grid (V2G) technology. This standard provides a unified blueprint for the bidirectional flow of power between EVs and the grid or home.
V2G technology offers the potential to leverage EVs as grid-scale batteries, supporting renewable energy integration. However, widespread adoption hinges on utilities and regulators designing attractive compensation models for vehicle owners.
While the standard addresses the technical aspects, financial incentives are crucial to encourage participation. NEMA suggests the potential for EVs to store energy during off-peak hours and sell it back during peak times, generating profit for owners.
While the standard itself is not publicly accessible, NEMA highlights its potential to enable money-making opportunities for EV owners. The article further references previous articles discussing the challenges and opportunities surrounding V2G systems and home-scale power backup solutions using repurposed EV batteries.